Today another SPAC merger closed and a new company hit the public markets. This time, investors can welcome Skillz (NYSE:SKLZ), the first public esports business. So what do you need to know about the Skillz SPAC merger? And what makes SKLZ stock stand out here?
To start, up until today, Skillz was trading as Flying Eagle Acquisition. Now that the shareholders have approved the merger, Skillz gained some wings of its own and hit the New York Stock Exchange. This morning marks its first trading activity on the exchange, and the first chance for investors to gobble up SKLZ stock.
Categorized in: Esports News